All categories

3 years ago

Let’s assume a required reserve ratio of 10 percent.

Business

1 answer:

Furkat [3]3 years ago

5 0

Answer:

The answer is 72.9 dollars.

Explanation:

The reserve ratio of 10% means that bank must keep 10% percent of amount deposited in bank to meet emergency payments and can lend the remaining 90% to other banks. So the second bank can lend 81 dollars that is 90% of 81 dollars. As per this rule second bank has 72.9 dollars (90% of 81) to lend.

You might be interested in

"Using your favorite search engine, the resources of your library, and information available on the Uber Web site, identify and

Digiron [165]

Explanation:

All drivers background are checked before they take the first drive considering the safety aspect of Riders.

Minimize the time that the rider waits with phone. Instead wait for the driver to reach your place which would be notified by tracking his path through map

Emergency button that exists, will alert the securities about the threat that the rider got.

The insurance that is covered and can be used during accidents

Be a back-seat rider so that you exit from the ride on an emergency

Wear your seat belt always to stay safe

Share the trip details with your family members so that they can track the path on an emergency.

7 0

3 years ago

A company has outstanding 20-year noncallable bonds with a face value of $1000, and 11% annual coupon, and a market price of $1,

Helen [10]

Answer:

8% and 4.8%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $1,294.54

Future value or Face value = $1,000

PMT = 1,000 × 11% = $110

NPER = 20 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 8%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 8% × ( 1 - 0.40)

= 4.8%

6 0

3 years ago

Trade restrictions tend to preserve ________ in the protected industries and lead to ________ in other industries.

wolverine [178]

Trade restrictions tend to preserve relatively few jobs in the protected industries and lead to job losses in other industries. Trade restrictions can vary from quotas, embargoes, standards, subsidies, tariffs and more that make it hard to trade (important/export) goods between two companies and also set prices for these. Depending on what is allowed and what is not different industries can benefit from the trade restrictions and some can be harmed by them.

8 0

3 years ago

Adriana Corporation manufactures football equipment. In planning for next year, the managers want to understand the relation bet

Delicious77 [7]

Answer:

$50.57 ; $175,573.6

Explanation:

The computation of the fixed and variable portions of overhead costs based on machine-hours using high low method is shown below:

Variable cost per hour = (High Overhead cost - low overhead cost) ÷ (High machine hours - low service hours)

= ($581,145 - $503,775) ÷ (8,020 hours - 6,490 hours)

= $77,370 ÷ 1,530 hours

= $50.57

Now the fixed cost equal to

= High overhead cost - (High machine hours × Variable cost per hour)

= $581,145 - (8,020 hours × $50.57)

= $581,145 - $405,571.4

= $175,573.60

3 0

3 years ago

Introduction to Early Childhood

Ipatiy [6.2K]

C is the right answer because since the National Association for the education of young children has to respect and support their colleagues

7 0

3 years ago